Sabertooth VC Deployed $400M into Anthropic and Anduril Without a Formal Fund
June 9, 2026
Justin Ernest built a captive LP network to deploy nearly $400M into Anthropic, Anduril, and SpaceX without raising a traditional venture fund, bypassing the typical 12-month fundraising cycle. The structure lets him move faster on competitive deals in hot AI and defense sectors.
HOW THIS AFFECTS YOU
●
investorWorth watching because it demonstrates an alternative fund structure that competes for allocations in oversubscribed AI rounds without the overhead of a formal GP-LP vehicle.